Via South China Morning Post, a report that Beijing has urged Chinese EV manufacturers to avoid investing in countries like India and Turkey Chinese electric-vehicle (EV) makers’ drive to go global hit a snag after Beijing urged them to avoid investing in countries like India and Turkey. The Ministry of Commerce convened executives from more […]
Read more »Via Nikkei Asia, a report on Indonesian coal companies’ global acquisition spree: Indonesian coal companies are snapping up high-grade assets in Australia and North America, as better access to financing and less climate pressure at home give them an advantage over Western rivals. Golden Energy and Resources, controlled by Indonesia’s Sinar Mas Group, last month completed its […]
Read more »Via Foreign Policy, an article on the growing tension arising from the West’s decision to protects its markets, which will force China to dump its exports elsewhere—and emerging nations are alarmed: Chinese President Xi Jinping has promised to open his country’s vast economy to the world’s emerging nations, pledging on Sept. 5 to introduce a […]
Read more »Via The Diplomat, an article on China’s new push in the island nation, focused on energy and digital development: After the Forum on China-Africa Cooperation (FOCAC) summit in Beijing last week, China has announced a $28 million donation to Cabo Verde, the African island country 570 kilometers (350 mi) off the western coast of the African […]
Read more »Via The Africa Report, a look at AngloGold Ashanti’s ambitions in Côte d’Ivoire: South Africa’s AngloGold Ashanti is preparing to gain a foothold in Egypt and Côte d’Ivoire after signing a $2.5bn deal with Centamin. Consolidation in the global gold mining sector continues apace. After Randgold’s acquisition of Barrick Gold in 2019, Endeavour Mining’s acquisition of Semafo and Teranga Gold between […]
Read more »Courtesy of Semafor, an article on China’s growing efforts to woo, Eswatini, Taiwan’s last African ally: China is building up its business and economic interests in Eswatini in a sign that Taiwan’s last African ally is gradually pivoting towards Beijing. The southern African country was the only one of Africa’s 54 countries that declined to […]
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